NEUBERGER BERMAN ENERGY INFRASTRUCTURE AND INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION
Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) has declared a monthly distribution of $0.0584 per share of common stock. The distribution will be payable on May 30, 2025, with a record and ex-date of May 15, 2025.
The Fund aims to maintain regular monthly cash distributions at a fixed rate, determined by projected net returns and other factors. Distributions typically come from:
- Cash and paid-in-kind distributions from MLPs
- Dividends from common stocks
- Interest from debt instruments
- Other investment income
Investors should note that portions of distributions may constitute a non-taxable return of capital. Unlike most investment companies, the Fund is subject to federal income tax, which reduces available distribution amounts to stockholders.
Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) ha dichiarato una distribuzione mensile di 0,0584 $ per azione di azioni ordinarie. La distribuzione sarà pagabile il 30 maggio 2025, con data di registrazione ed ex-data fissate al 15 maggio 2025.
Il Fondo mira a mantenere distribuzioni mensili regolari a un tasso fisso, determinato dai rendimenti netti previsti e da altri fattori. Le distribuzioni provengono solitamente da:
- Distribuzioni in contanti e in natura (paid-in-kind) da MLP
- Dividendi da azioni ordinarie
- Interessi da strumenti di debito
- Altri redditi da investimenti
Gli investitori devono considerare che una parte delle distribuzioni potrebbe rappresentare un ritorno di capitale non tassabile. A differenza della maggior parte delle società di investimento, il Fondo è soggetto a imposta federale sul reddito, che riduce gli importi disponibili per la distribuzione agli azionisti.
Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) ha declarado una distribución mensual de $0.0584 por acción de acciones ordinarias. La distribución se pagará el 30 de mayo de 2025, con fecha de registro y fecha ex el 15 de mayo de 2025.
El Fondo tiene como objetivo mantener distribuciones mensuales regulares a una tasa fija, determinada por los rendimientos netos proyectados y otros factores. Las distribuciones suelen provenir de:
- Distribuciones en efectivo y en especie (paid-in-kind) de MLPs
- Dividendos de acciones ordinarias
- Intereses de instrumentos de deuda
- Otros ingresos por inversiones
Los inversionistas deben tener en cuenta que una parte de las distribuciones podría constituir un retorno de capital no gravable. A diferencia de la mayoría de las compañías de inversión, el Fondo está sujeto a impuestos federales sobre la renta, lo que reduce los montos disponibles para distribución a los accionistas.
Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML)은 보통주 1주당 0.0584달러의 월간 배당금을 선언했습니다. 배당금은 2025년 5월 30일에 지급되며, 기준일과 배당락일은 2025년 5월 15일입니다.
이 펀드는 예상 순수익 및 기타 요인에 따라 고정된 비율로 정기적인 월간 현금 배당을 유지하는 것을 목표로 합니다. 배당금은 일반적으로 다음에서 발생합니다:
- MLP로부터의 현금 및 현물 배당
- 보통주 배당금
- 채무 증권 이자
- 기타 투자 수익
투자자들은 배당금의 일부가 비과세 자본 환급에 해당할 수 있음을 유의해야 합니다. 대부분의 투자회사와 달리, 이 펀드는 연방 소득세 대상이며, 이는 주주에게 배분 가능한 금액을 줄입니다.
Neuberger Berman Energy Infrastructure and Income Fund (NYSE American : NML) a déclaré une distribution mensuelle de 0,0584 $ par action d’actions ordinaires. La distribution sera payable le 30 mai 2025, avec une date d’enregistrement et une date ex-dividende fixées au 15 mai 2025.
Le Fonds vise à maintenir des distributions mensuelles régulières à un taux fixe, déterminé par les rendements nets projetés et d’autres facteurs. Les distributions proviennent généralement de :
- Distributions en espèces et en nature (paid-in-kind) des MLP
- Dividendes d’actions ordinaires
- Intérêts sur instruments de dette
- Autres revenus d’investissement
Les investisseurs doivent noter qu’une partie des distributions peut constituer un retour de capital non imposable. Contrairement à la plupart des sociétés d’investissement, le Fonds est soumis à l’impôt fédéral sur le revenu, ce qui réduit les montants disponibles à distribuer aux actionnaires.
Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) hat eine monatliche Ausschüttung von 0,0584 $ pro Stammaktie angekündigt. Die Ausschüttung wird am 30. Mai 2025 zahlbar sein, mit Stichtag und Ex-Datum am 15. Mai 2025.
Der Fonds strebt an, regelmäßige monatliche Barausschüttungen zu einem festen Satz aufrechtzuerhalten, der sich aus den erwarteten Nettorenditen und weiteren Faktoren ergibt. Ausschüttungen stammen typischerweise aus:
- Bargeld- und Paid-in-Kind-Ausschüttungen von MLPs
- Dividenden aus Stammaktien
- Zinsen aus Schuldinstrumenten
- Sonstigen Anlageerträgen
Investoren sollten beachten, dass Teile der Ausschüttungen eine steuerfreie Kapitalrückzahlung darstellen können. Im Gegensatz zu den meisten Investmentgesellschaften unterliegt der Fonds der Bundes-Einkommensteuer, was die für Aktionäre verfügbare Ausschüttungssumme reduziert.
- Monthly cash distribution of $0.0584 per share announced
- Regular monthly distributions based on projected net returns
- Multiple income sources including MLPs, dividends, and debt instruments
- Distributions may include return of capital, reducing stockholder's cost basis
- Fund pays federal income tax, reducing available distribution amounts
- No guarantee of maintaining distribution amounts or frequency
Insights
NML announces $0.0584 monthly distribution with tax-efficient return of capital component, maintaining income for MLP-focused investors despite fund-level taxation.
Neuberger Berman Energy Infrastructure and Income Fund (NML) has declared its monthly distribution of $0.0584 per share, payable on May 30, 2025, with both record and ex-date set for May 15, 2025. This distribution reflects the fund's ongoing strategy of providing regular income to shareholders from its energy infrastructure investments.
The press release offers important context on NML's distribution methodology, explaining that payments are derived from the fund's distributable cash flow - primarily consisting of MLP distributions, stock dividends, and interest income, minus operating and leverage expenses. What's particularly significant for investors is the tax treatment: a portion will likely constitute a non-taxable return of capital, which reduces an investor's cost basis in the fund rather than being immediately taxable as ordinary income.
This tax structure creates a dual-edged situation for shareholders. The return of capital component provides tax-efficiency in the near term (deferring taxes until shares are sold), but gradually reduces the investor's cost basis, potentially increasing capital gains tax liability upon eventual sale.
Another critical consideration mentioned is that unlike most investment companies, NML itself pays federal income tax on its taxable income before distributing to shareholders. This creates an additional layer of taxation compared to direct MLP ownership, effectively reducing the amount available for distribution to fund shareholders.
The Fund currently intends to make regular monthly cash distributions to holders of its common stock at a fixed rate per share, to be determined based on the projected net rate of return of the Fund's investments as well as other factors, subject to ongoing review and adjustment from time to time. The Fund currently intends to pay its regular monthly distributions out of its distributable cash flow, which generally consists of (1) cash and paid-in-kind distributions from master limited partnerships ("MLPs") or their affiliates, dividends from common stocks, interest from debt instruments and income from other investments held by the Fund less (2) current or accrued operating expenses, including leverage costs, if any, and taxes on its taxable income.
The Fund expects that a portion of its distributions to stockholders will constitute a non-taxable return of capital. A "return of capital" is a distribution by the Fund which represents a return of a common stockholder's original investment and should not be confused with a dividend. To the extent the Fund pays a return of capital, a common stockholder's basis in Fund shares will be reduced, which will increase a capital gain or reduce a capital loss upon sale of those shares. There is no assurance that the Fund will always be able to pay a distribution of any particular amount, or that a distribution will consist solely of the Fund's current and accumulated earnings and profits.
In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2025 will be made after the end of the year.
The Fund is subject to federal income tax on its taxable income, unlike most investment companies. Any taxes paid by the Fund will reduce the amount available to pay distributions to stockholders, and therefore investors in the Fund will likely receive lower distributions than if they invested directly in MLPs.
About Neuberger Berman
Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages
Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman
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